Conversations with Tyler

Patrick Collison has a Few Questions for Tyler (Live at Stripe)

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Apr 12, 2017
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INSIGHT

Macroeconomics Progress

  • Macroeconomics has improved in understanding specific areas like credit crunches and asset returns.
  • However, it hasn't improved in predicting market crashes or recessions.
INSIGHT

Economics: Retrodiction vs. Prediction

  • Economics helps offset other people's flawed theories, offering valuable thinking tools.
  • It excels at retrodiction, explaining past events in detail, but struggles with prediction.
INSIGHT

Lessons from Renaissance Florence

  • Renaissance Florence, despite its small size, achieved remarkable cultural feats.
  • Studying such historical creative clusters reveals important, often overlooked inputs for modern innovation.
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